Insurance industry slammed by earthquake in Nepal

oklahoma earthquake insurance industry

6.7 quake causes severe property damage in Nepal Nepal, a relatively small country bordering India and Tibet, has been struck by a major earthquake that is expected to produce a large number of claims for the property insurance industry. Over the past weekend, the country suffered from a strong earthquake, which caused significant damage to property near its epicenter. The earthquake was recorded as a magnitude 6.7, with its epicenter being approximately 10 miles south of Kodari, the border crossing from Nepal into the Tibet Autonomous Region. Insurance industry works…

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